Short Interest in Tgs Asa (OTCMKTS:TGSGY) Increases By 4,594.1%

Tgs Asa (OTCMKTS:TGSGY) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 185,887 shares, an increase of 4,594.1% from the May 14th total of 3,960 shares. Based on an average daily trading volume, of 183,818 shares, the days-to-cover ratio is presently 1.0 days.

Tgs Asa Stock Up 1.3%

Shares of TGSGY traded up $0.20 during midday trading on Wednesday, reaching $15.68. The company had a trading volume of 22,228 shares, compared to its average volume of 68,704. Tgs Asa has a 1-year low of $7.10 and a 1-year high of $17.17. The firm has a 50 day simple moving average of $15.18 and a 200-day simple moving average of $12.02.

Tgs Asa Company Profile

TGS ASA is a Norway-based provider of geoscience and subsurface data, analytics and insights to the energy and natural resources sectors. The company acquires and processes seismic and geophysical data through multi‐client surveys, turning raw field measurements into interpretable information that supports exploration, development and production decisions. Its product suite encompasses high-resolution imaging, reservoir characterization, and basin evaluation services designed for oil and gas companies as well as emerging offshore wind and geothermal operators.

Since its founding in 1981, TGS has built one of the industry’s largest multi-client libraries, spanning frontier basins and mature regions worldwide.